Suppose Fish Steak and Spaghetti Are the Only Alternatives Available

question 1

True/False

Suppose fish steak and spaghetti are the only alternatives available during lunch hours at an office cafeteria.If a nominal change in the price of fish steak brings about a prominent change in the demand for spaghetti we can conclude that the latter has a high demand elasticity.

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Definitions:

Archaeologists

Scientists who study human history and prehistory through the excavation of sites and the analysis of artifacts and other physical remains.

Sites

Locations or places where significant events have occurred or where particular physical structures exist, often of historical, cultural, or archaeological interest.

Physiological Adaptations

Changes in an organism's internal processes that allow it to survive and thrive in its specific environment.

Environmental Stimuli

External factors or changes in the environment that can provoke physical or behavioral responses in living organisms.